NEW YORK ( TheStreet) -- SeaWorld Entertainment (SEAS - Get Report) was surging after the home of Shamu the killer whale saw its initial public offering priced at the top of its expected range on the New York Stock Exchange Friday.
SeaWorld was gaining 22% to $33.48 in midday trading. The Orlando-based amusement park giant, which operates 11 theme parks including three SeaWorld locations and Busch Gardens, is backed by private equity giant Blackstone Group (BX).
Earlier this week, IPO Desktop president Francis Gaskins told TheStreet's Debra Borchardt that SeaWorld will benefit from an improving economy.
"Since 2009, their financials have improved because of the
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